Location: South Puglia, (Minervino Murge Municipality).
Surface Size: Approximately 35,000 Square meters.
The park is connected to the national grid, has a nominal power of ~1 MWP and carries June 2011 FiT of 0.291 Euros/Kwh plus market electricity tariff. The project is expected to produce an annual production of approximately 1.3 Gwh which is translated into annual revenues of about 500,000 Euro. The tariff of 0.291 Euro is guaranteed for a period of 20 years. The land is leased for at least 25 years with an option to extend the lease for additional periods.
Manufacturers - The mono-crystalline panels were manufactured by Conergy, with invertors manufactured by Power Electronics Freesun.
Installation - The project was realized by a leading Spanish EPC contractor as a turnkey project. The company guarantees a minimum level of Performance Ratio (PR), minimum trackers added gain and minimum availability for the O&M duration.